Nifty has support at 4670-4630: Angel
Published on Wed, Jun 04, 2008 at 09:41 , Updated at Thu, Jun 05, 2008 at 14:33
Source : moneycontrol.com
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According to Angel Broking Technical Analysis report, for Nifty 46704630 levels may act as support for the coming trading session. Angel Broking Technical Analysis report:
For further details click on attachment |
Attachments : Tech-Report-04.06.2008.pdf |
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Indices opened down with a gap and bounced sharply from the support levels at 1583015700 / 46704600, as mentioned in our previous report. On the daily chart of the Sensex, there is a gap at 1599115985 levels. An activity above 15991 / 4740 levels is likely to take indices up to 16080 16170 / 47704800 levels which will be an exit opportunity for the traders. On the downside, 1582015700 / 46704630 levels may act as support for the coming trading session.


